Australians have bought a record number of new cars this year, despite big price rises. But buyers are being hit by a dip in resale values.
Electric cars took on hybrid machines and a diesel ute in the contest to be named the 2023 News Corp Australia Car of the Year.
Figures released by the Australian Automotive Dealer Association (AADA) reveal that used car prices have fallen dramatically in recent months, while new cars have become more expensive, widening the gap between…
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